ECONOMICS

3. Analysis of how scarce resources are been distributed among producers, and how scarce goods and services are apportioned among consumers
6. Business person who attempts to make a profit by risk and initiative
7. Another word for resources in economics
10. To satisfy our needs and wants from goods and services
13. A situation in which aims of two parties are not comparable
15. Giving of goods to a person in exchange for another
16. When people have unlimited needs and wants but there is only a limited stock of resources

1. ______ is to represent an expected factor of "flexibility of thinking" in an investigation
2. The term used for resources which are insufficient to satisfy our unlimited wants
4. Loss of one alternative when the other is been chosen
5. This is offered for sale which could be in the form of physical, virtual or cyber form
8. The people who buy the consumption to satisfy their needs and wants
9. The main cause between human wants and resources
11. Using resources to make and sell goods to satisfy our wants
12. Another word for goods and services in economics
14. The goods available to individuals